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Asia Top News and Analysis Shanghai

  • LONDON, Nov 2- World shares were steady near two-week highs and the dollar at a seven-week high ahead of U.S. jobs data that will provide the last major signal on the state of the world's leading economy before its voters pick a president on Tuesday.

  • LONDON, Nov 2- Copper prices slipped on Friday, and were on course for their fourth weekly drop, as uncertainty about economic growth and the outlook for demand kept investors cautious ahead of the release of labour market data from the United States.

  • BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.

  • SHANGHAI, Nov 2- China's yuan ended slightly weaker on Friday even after hitting the strong-side boundary of its daily trading band for a fourth straight day, as China's central bank tightened its grip on the currency with the weakest midpoint fix in over a week.

  • *China equity fund inflows highest this year: EPFR Global. *Galaxy Entertainment at record high on Oct gambling revenue. HONG KONG, Nov 2- Hong Kong shares had their best week in seven, with the Hang Seng Index hitting a 15- month high as fund inflows buoyed hopes of more gains before year's end, encouraging investors to build riskier positions.

  • BEIJING/ SHANGHAI, Nov 2- Honda Motor Co Ltd's China car sales plunged 54 percent in October from a year earlier, with the pace of decline accelerating from the previous month as Japanese automakers suffer the backlash from a territorial dispute between Beijing and Tokyo.

  • The FTSEurofirst 300 index of top European shares opened broadly flat at 1109.98 points, with London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX mixed as investors opted for caution ahead of the U.S. data.

  • HONG KONG, Nov 2- Hong Kong shares had their best week in seven on Friday, with the Hang Seng Index hitting a 15- month high as fund inflows buoyed hopes of further gains by year-end and encouraged investors to build riskier positions. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.2 percent on the day and 3.7 percent this week.

  • HONG KONG, Nov 2- China shares closed higher on Friday, posting their best week in a month, helped by strength in Chinese banks after official media reported that the central bank will redice reserve ratios for smaller banks if they meet loan-growth requirements.

  • BEIJING, Nov 2- Honda Motor Co Ltd's China car sales plunged 54 percent in October from a year earlier, marking the second monthly sales slump as Japanese automakers continue to suffer the backlash from a territorial dispute between Beijing and Tokyo.

  • *China cenbank intervention stems yuan rise, traders say. SHANGHAI, Nov 2- China's central bank tightened its grip on yuan appreciation with a second straight weaker midpoint fixing on Friday, pushing the yuan slightly lower, but traders said demand for the currency remained robust. The People's Bank of China has kept the midpoint virtually flat since Oct. 17.

  • China’s once-a-decade leadership handover on November 15 will lift auto and consumer companies, according to a report by brokerage firm Kepler Capital Markets.

  • SHANGHAI, Nov 1- China's yuan steadied its recent rise on Thursday, despite hitting the strong side boundary for the third straight day, as the central bank set a weaker fix against the dollar. The People's Bank of China set its midpoint at 6.3017 per dollar, slightly weaker than Wednesday's fix of 6.3002.

  • HONG KONG, Nov 1- Mainland Chinese shares posted their strongest daily gains in more than three weeks on Thursday, boosting Hong Kong stocks, following positive China economic data and a report that local governments were easing restrictions on property purchases. The China Enterprises Index of the top Chinese listings in Hong Kong jumped 1.1 percent.

  • HONG KONG, Nov 1- Hong Kong shares closed at a new 2012 closing high on Thursday, boosted by gains in mainland Chinese markets which advanced on hopes that some city governments were easing restrictions on property purchases. The China Enterprises Index of the top Chinese listings in Hong Kong ended up 1.1 percent.

  • HONG KONG, Nov 1- Mainland China shares started November on a strong note on Thursday, posting their best performance in more than three weeks, boosted by positive economic data and measures by some city governments to ease restrictions on the property sector.

  • *PMIs from India, Indonesia, Taiwan improve. TOKYO, Nov 1- Asian shares fell on Thursday but losses were curbed as the region's factory activity surveys mostly improved, with China's official and private sector manufacturing PMIs confirming a recovery in the growth trend even if it lacked punch.

  • SHANGHAI, Nov 1- China's central bank set a weaker midpoint for the yuan against the dollar on Thursday aiming to slow the currency's rise, dealers said, as it hit the strong-side limit of the trading band for a third straight day. The People's Bank of China set its midpoint at 6.3017 per dollar, slightly weaker than Wednesday's fix of 6.3002.

  • HONG KONG, Nov 1- Mainland Chinese shares lifted Hong Kong markets with their best daily performance in nearly a month on Thursday, boosted by stronger Chinese economic data and a report that more city governments were easing restrictions on the real estate sector. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.8 percent.

  • *Market awaits China's official PMI on Thursday. LONDON, Oct 31- London copper rose on Wednesday, buoyed by a softer dollar, but gains were limited with U.S. stock markets falling after a two-day closure for the storm Sandy and as metals investors stayed wary about demand from China.